Saudi marketUpdated November 4

Asharq Al-Awsat reports a 100% insurance-debt exemption for establishments that ended activity and left the Saudi market.

On November 4, Asharq Al-Awsat reported, citing information it had obtained, that the General Organization for Social Insurance had made a 100% exemption from insurance debts available to establishments that ended their commercial activity and left the Saudi market. The exemption is subject to approved controls and applies to that stated category. The newspaper framed the measure as part of service improvements for employers and establishments, intended to ease financial obligations and facilitate settlement of outstanding files.

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Coverage started November 4